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Home»Bitcoin»If their cup-and-handle patterns complete, Bitcoin and Solana will reach parabolic levels

If their cup-and-handle patterns complete, Bitcoin and Solana will reach parabolic levels

Bitcoin By Gavin07/07/2025
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The Big Beautiful Bill Gives Bitcoin A Shot Amid Inflation
The Big Beautiful Bill Gives Bitcoin A Shot Amid Inflation
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The following are key points.

  • Analysis shows that Bitcoin and Solana will reach new heights in the parabolic range if they both successfully finish a cup-and handle pattern.

  • BTC and SOL prices targets are respectively $230,000 and $43,390.

  • SOL/USD must deliver gains in excess of 3,000% before it can reach its breakout high level.

BitcoinBTCAccording to a recent prediction, the value of ) could reach $230,000 when a breakout is completed successfully.

He is a latest analysis, the well-known X creator, Trader Alan delivered a gigantic $4,390 Solana.SOLPrice Target

Solana “waiting” For breakout with $4.390 target

Bitcoins has been acting for seven weeks within a narrow rangeAs time passes, the anticipation grows as to what direction BTC’s price will take next.

For Trader Alan, a familiar chart pattern holds the key — and so far, progress is exactly what bulls are hoping for.

“Bitcoin and Solana Cup and Handle Pattern on monthly chart,” X told his followers that SOL/USD has been trying to mimic BTC.

The cup-and handle pattern is an established bullish setup where the price returns to its previous high and consolidates before continuing higher.

You can also read about the advantages of using Cointelegraph reportedBTC/USD already has a cup-and-handle pattern, which runs from 2021’s peak, to its low in 2022, and then back up again, before its first visit to $100,000.

“$BTC has broken out the handle while $SOL is still waiting for the breakout,” Alan’s latest claims are about the new iterations in the pattern. This, for Bitcoin, extends its breakout above the high of 2021.

“This pattern sets $BTC and $SOL to targets of $230,000 and $4,390 respectively.”

BTC/USD vs. SOL/USD comparison. Source: Alan Trader/X

Bitcoin dominates altcoins

The BTC/USD goal still represents 115% growth, but it’s a modest target when compared to Solana’s roadmap which calls for gains of almost 3,000%.

Related: Bitcoin price can hit $150K in weeks thanks to Trump’s ‘Big Beautiful Bill’

SOL/USD trades around $150. According to data from, the pair reached its all-time highest in January 2025 at $294. Cointelegraph Markets Pro You can also find out more about the following: TradingView.

SOL/USD 1-week chart. Source: Cointelegraph/TradingView

The absence of “altseason“, however, the obstacles to such a rapid move are significant. Bitcoin continues to dominate the crypto-market cap, surpassing 65% and reaching its highest level since early 2021.

But, as Cointelegraph notedBTC dominance reaching 70% coincides with altcoin strength.

Rekt, the popular analyst and trader of Rekt Capital said that it may not be necessary to tag this cycle in 70% for an altseason start.

Bitcoin cryptocurrency market cap dominance 1 week chart. Source: Cointelegraph/TradingView

The article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.